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Updated live from Wikipedia, last check: June 04, 2012 23:02 UTC (54 seconds ago)

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A "Predictable Surprise" describes a situation or circumstance in which avoidable crises are marginalized in order to satisfy economic and social policies.

Contents

Definition

Max H. Bazerman and Michael D. Watkins define "predictable surprises" as problems that

  • at least some people are aware of,
  • are getting worse over time, and
  • are likely to explode into a crisis eventually but are not prioritized by key decision-makers or have not elicited a response fast enough to prevent severe damage.

Examples of predictable surprises

Citations

  1. ^ Watkins, M (2007)BusinessWeek (December 17) Subprime: A Predictable Surprise
  2. ^ Irons, L (2005) Security Affairs Hurricane Katrina as A Predictable Surprise
  3. ^ Bazerman, M (2006) Climate change as a predictable surprise.Climatic Change 77:79-193

References

  • M. Bazerman and M. Watkins (2004) Predictable Surprises: The Disasters You Should Have Seen Coming, and How to Prevent Them. ISBN 1591391784
  • B. Tuchman (1984) The March of Folly: From Troy to Vietnam. ISBN 978-0345308238







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